DOJ Subpoenas TRW, Autoliv On Antitrust Concerns

Law360, New York (July 11, 2011, 2:15 PM EDT) -- The U.S. Department of Justice has subpoenaed automotive safety system manufacturers TRW Automotive Holdings Corp. and Autoliv Inc. over antitrust concerns amid a similar investigation in the European Union, the suppliers said in recent days.

Michigan-based TRW said Monday that it had received a "related subpoena" from the DOJ, while Sweden’s Autoliv said Friday that it had gotten a grand jury subpoena from the department's Antitrust Division in early February "requesting documents and information as part of a long-running investigation into possible anti-competitive behavior among certain...